Which Model Is for You?

Having examined the most typical models of ownership, you must now determine which one is best-suited to your particular situation. You can purchase through traditional home ownership routes, use business models, or develop space through a community partnership.

If you are planning to purchase space on your own, the situation is relatively straightforward. If you are self-employed, discuss with your accountant and lawyer the model that reflects your needs and wants most effectively, and whether you should purchase through a privately held company. See the section Business Models Comparison Chart for more information on the pros and cons of each model.

Trying to decide if an ownership model will work for you becomes increasingly more complicated when it involves working with others. The remainder of this section will discuss common concerns in co-ownership.